Arlington Asset Investment (AI) to Release Earnings on Monday

Arlington Asset Investment (NYSE:AI) is scheduled to post its quarterly earnings results after the market closes on Monday, February 5th. Analysts expect Arlington Asset Investment to post earnings of $0.56 per share for the quarter.

Arlington Asset Investment (NYSE:AI) opened at $11.17 on Monday. The stock has a market cap of $314.33, a P/E ratio of -7.65 and a beta of 1.06. Arlington Asset Investment has a 52 week low of $10.93 and a 52 week high of $15.51. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of 0.19.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Friday, December 29th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.20 annualized dividend and a dividend yield of 19.70%. Arlington Asset Investment’s dividend payout ratio is presently -150.68%.

Several brokerages have recently issued reports on AI. Zacks Investment Research upgraded shares of Arlington Asset Investment from a “hold” rating to a “strong-buy” rating and set a $14.00 target price on the stock in a research note on Monday, January 15th. ValuEngine upgraded shares of Arlington Asset Investment from a “sell” rating to a “hold” rating in a research note on Wednesday, January 3rd. Finally, FBR & Co reiterated a “hold” rating and issued a $13.00 target price on shares of Arlington Asset Investment in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $13.81.

In other news, CEO J Rock Tonkel, Jr. bought 5,000 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were purchased at an average price of $11.00 per share, for a total transaction of $55,000.00. Following the completion of the purchase, the chief executive officer now owns 327,132 shares in the company, valued at approximately $3,598,452. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 5.90% of the company’s stock.

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Arlington Asset Investment Company Profile

Arlington Asset Investment Corp. is an investment company. The Company focuses on acquiring and holding a levered portfolio of residential mortgage-backed securities (MBS), consisting of agency MBS and private-label MBS. Agency MBS include residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a United States Government agency or government-sponsored enterprise (GSE), such as the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

Earnings History for Arlington Asset Investment (NYSE:AI)

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